Required Informetion [The following information applies to the questions displayed below.] "Why can't we pay our shareholders a dividend?" shouted your new boss. "This income statement you prepared for me says we earned $5 million in our first half-year!" You were hired last month as the chief accountant for Enigma Corporation, which was organized on July 1 of the year just ended. You recently prepared the financial statements below. You have just explained to your boss, Robert James, that although net income was $5 million, operating activities produced a net decrease in cash. Unable to understand your verbal explanation, he has asked you to prepare a written report explaining the apparent discrepancy between Enigma's profitability and its cash flows. To increase the chances of your boss's understanding the situation, you want to include in your report a determination of net cash flows from operating activities demonstrating how it is possible for operating activities to simultaneously produce a positive net income and negative net cash flows. Required: 2. Determine net cash flows from operating activities by using the indirect method. (Enter your answers In milllons (l.e., 10,000,000 should be entered as 10 ). Amounts to be deducted should be Indlcated with a minus slgn.) Requlred Information [The following information applies to the questions displayed below.] "Why can't we pay our shareholders a dividend?" shouted your new boss. "This income statement you prepared for me says we earned $5 million in our first half-year!" You were hired last month as the chief accountant for Enigma Corporation, which was organized on July 1 of the year just ended. You recently prepared the financial statements below. You have just explained to your boss, Robert James, that although net income was $5 million, operating activities produced a net decrease in cash. Unable to understand your verbal explanation, he has asked you to prepare a written report explaining the apparent discrepancy between Enigma's profitability and its cash flows. To increase the chances of your boss's understanding the situation, you want to include in your report a determination of net cash flows from operating activities demonstrating how it is possible for operating activities to simultaneously produce a positive net. income and negative net cash flows. Required: 2. Determine net cash flows from operating activities by using the indirect method. (Enter your answers In millions (I.e., 10,000,000 should be entered as 10). Amounts to be deducted should be Indlcated with a minus sign.)